First, you don't want to respond--you may say something that isn't helpful. You need to make a copy and give this to the insurance--send it by registered certified return receipt to the adjuster handling the claim.

If you want to be courteous just respond with a simple letter "Dear ________,

as you may know the adjuster on this claim is __________; their claim number is ____________, their address and phone number are___________"

That's it. SAY NO MORE.

That's what your dad pays insurance for. His rates may or may not go up depending on if they have a first accident program. Bankruptcy is the last thing you want to consider.

Also understand your dad's insurance will want to get a release releasing you, your dad,his company for any payment they make.

The attorney may be filing a lawsuit against you and against an insurance company. Most attorneys do not want to file a lawsuit against a college student only. If you owned the vehicle and you were the driver, your father should not be impacted by either the potential lawsuit or the potential bankruptcy. You may want to sit down with a bankruptcy attorney to discuss your options. If you had liability insurance, your insurance company will handle this matter along with any potential defenses if a lawsuit is filed. Good luck.

When you say you are under your dad's business insurance, if you mean his auto insurance, then just send this to your auto insurance carrier. They likely already have this, but this is just a tool attorney's use to try and get the insurance companies to skip the BS and get to a fair settlement faster.